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Higher CPP deductions coming to paycheques this year: What to know

Here Are the Changes to CPP Deductions Starting in 2024

Here Are the Changes to CPP Deductions Starting in 2024
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

Changes to CPP, QPP deductions taking effect this month

Middle-income earners will start seeing a larger portion of their paycheques going toward their Canada Pension Plan contributions as of Jan. 1. A broader pension revamp began in 2019, as both the Quebec Pension Plan and CPP began phasing in enhanced benefits intended to provide more financial support for Canadians after they retire. So far, individual contributions  and the employer’s […]

Here are the changes to CPP deductions starting in 2024

Here are the changes to CPP deductions starting in 2024
calgary.citynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgary.citynews.ca Daily Mail and Mail on Sunday newspapers.

Here are the changes to CPP deductions starting in 2024

As of 2024, the CPP includes a new, second earnings ceiling. For those who make more than a given amount, additional payroll deductions now apply.

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